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Shiba Inu drops 4.79% amid thin market liquidity, testing key $0.0000055 support level.

Market News
07 Oct 2026, 12:24 WIB
CryptoTicker
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Bearish
Shiba Inu drops 4.79% amid thin market liquidity, testing key $0.0000055 support level.

Shiba Inu's price fell 4.79% to $0.00000557, showing a sharper decline than Bitcoin and other major coins due to thin market liquidity and low trading volume relative to its market cap. The coin is testing a critical support level at $0.0000055, with a 30-day trading range between $0.00000494 and $0.00000610. Despite the daily drop, Shiba Inu remains 1.63% higher over 30 days but is still 93.54% below its all-time high. Investors should consider the coin's volatility, thin order books, and tax implications before trading.

As of Oct 07, 2026 16:52 WIB, Shiba Inu trades at Rp0,0978 on Pluang, down 6.12% in one day, showing a sharper decline than Bitcoin's 2.34% drop. The coin's market cap stands at Rp57,93 trillion with a 24-hour trading volume of Rp1,47 trillion. Pluang data also shows that 63% of order activity is selling, indicating cautious sentiment among traders.

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